WA government commits $100 million to new rental apartments in Perth CBD
The Western Australian government is investing over $100 million into a 30-storey apartment complex in Perth to address the city's severe housing shortage. The project will provide 174 build-to-rent units, focusing on affordable and social housing options.
Why it matters
Government-led build-to-rent initiatives represent a significant policy shift in addressing urban housing affordability and supply crises.
The WA government will spend more than $100 million on a new 30-storey apartment building in the Perth CBD.
According to the government, the project will include 174 one- and two-bedroom rentals for affordable and social housing.
The building is expected to be completed by 2029.
Link copied Share Share article The WA government will spend more than $100 million on a new 30-storey apartment building in the Perth CBD, which it says will ease the city's housing shortage.
Set to be built on Roe Street, adjacent to the Perth Arena, the project will include 174 one- and two-bedroom rentals, 139 of which will be used for affordable housing, with 35 for social housing, according to the government.
The government said the project is one of 21 currently under construction across Western Australia, with a total of 1,500 apartments set to be made available.
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